Oil
Analysis / Oil investors are adrift in Red Sea rip currents
Weak demand so far has kept oil prices stable amid the Red Sea crisis, but it could change
Analysis / Red Sea oil tension may revive Russia-Saudi spat
The ongoing Red Sea crisis can potentially revive Russia-Saudi oil tensions, according to a Reuters analysis
China defies sanctions to make Russia its biggest oil supplier in 2023
Russia became China's top oil supplier in 2023, defying Western sections
Global food prices drop 13.7% in 2023: FAO
Global food prices dropped last year, with notable exceptions like rice due to climate and supply concerns
Oil little changed as investors eye Middle East tensions, US rate cut
Oil prices were little changed on Tuesday as investors focused on Middle East tensions and US rate cut
Oil prices up 3% on worries about Middle East supplies
Oil prices climbed about 3 percent to a one-week high on Friday on worries that tensions in Israel and Gaza could spread into a wider conflict that could disrupt global crude supplies.
Oil dips as economic concerns offset Middle East supply worries
Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza.
Asia shares slip on Middle East woes, higher yields
Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.
Oil rises on supply worries, US summer demand hopes
By 0613 GMT, Brent crude futures had climbed 67 cents to $74.85 a barrel, while US West Texas Intermediate (WTI) futures rose 73 cents to $70.10 a barrel. On Monday, Brent had climbed 0.5 per cent and the WTI 0.3 per cent.
Refiners to find out if any dealer is involved in oil crisis
The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association today said it will take action against the dealers if their involvement is found in creating an edible oil crisis.
Edible oil crunch: Taking shine off Eid for many
A banker in Naogaon did not find soybean oil in the local market. A woman in Natore was lucky to score a one-litre bottle for an unusually higher price. A private firm employee in Chattogram decided to make do with mustard oil after failing to find soybean oil in her neighborhood.
Russia wants gas payments in roubles from April 1
President Vladimir Putin on Thursday warned "unfriendly" countries, including all EU members, that they would be cut off from Russian gas unless they opened an account in roubles to pay for deliveries.
Long-haul bus fare cut by 3 paisa per kilometre
The government decides to reduce passenger fare by 3 paisa per kilometre for long haul buses following the recent cuts in fuel prices.
Fuel price cut from midnight
After months of criticism over high oil price despite an international plunge, the government will lower fuel cost that will be effective after midnight tonight. Prices of petrol and octane will come down by Tk 10 per litre while that for diesel and kerosene Tk 3 per litre, ministry officials say.
Fuel price cut by next week
After months of criticism for maintaining high fuel oil prices despite an international slide, the government has decided to tone down the fuel oil cost next week. Notice of the price cut will be floated by next week.
Peru oil spill pollutes Amazon rivers
At least 3,000 barrels of crude oil have been spilled in an Amazonian region after leaks from Peru's main oil pipeline, the state oil company said.
No possibility of cutting fuel prices: Nasrul
There is no possibility of reducing fuel prices despite a cost plunge in the international market, the state minister for energy, gas and mineral resources hints in parliament.
Global stock markets dive amid oil rout
Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil prices and fears about the impact on global growth.
Tripura power coming in at Tk 6.44/unit
Bangladesh will buy 100 megawatts of electricity from India's Tripura for a reasonable rate of Tk 6.44 per kilowatt-hour, officials said.
